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Tariffs Explained: Impacts for You as Trump Confirms Worldwide Tariff Wave

Summary by CNET

The president unleashed a major new wave of tariffs on Wednesday, prompting mass alarm and a historic drop in the stock market.

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CNET

Center

Tariffs Explained: Impacts for You as Trump Confirms Worldwide Tariff Wave

The president unleashed a major new wave of tariffs on Wednesday, prompting mass alarm and a historic drop in the stock market.

9 days ago

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the Guardian

Lean Left

The Guardian view on Trump’s tariffs: a monstrous and momentous act of folly

The US president has expelled his own country from the rules-based global trade system that America itself createdFor the world’s already embattled trading system, it is as though an asteroid has crashed into the planet, devastating everyone and everything that previously existed there. But there is this important difference. If an asteroid struck the Earth, the impact would at least have been caused by ungovernable cosmic forces. The assault on…

9 days ago

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NDTV

Lean Right

Explained: What Are Tariffs, Why Countries Use Them, Who Pays

US President Donald Trump on Wednesday imposed sweeping tariffs that target key economic partners, escalating global trade tensions. China faces a 34 per cent tariff, the European Union 20 per cent, and India a 26 per cent "discounted reciprocal tariff." The affected sectors span automobiles, dairy, steel and electronics. Trump's trade battles are not new. In his first term, he aggressively targeted China with tariffs, leading to retaliatory dut…

9 days ago·India

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NZ Herald

Center

Tariffs explained - who pays? Will they cost NZ consumers?

United States President Donald Trump’s dramatic tariff announcement has upended a decades-long status quo for global trade. As a small trading nation that...

10 days ago

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